How many total Cilantro Taco Grill outlets were open at the end of 2023?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | |
| Company – | 2021 | 9 | 11 | +2 |
| Owned* | ||||
| 2022 | 11 | 13 | +2 | |
| 2023 | 13 | 15 | +2 | |
| Total Outlets | 2021 | 9 | 11 | +2 |
| 2022 | 11 | 13 | +2 | |
| 2023 | 13 | 15 | +2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 49–51)
What This Means (2024 FDD)
According to Cilantro Taco Grill's 2024 Franchise Disclosure Document, at the end of 2023, there were a total of 15 Cilantro Taco Grill outlets open. The FDD provides a system-wide outlet summary that includes information about company-owned and franchised outlets.
The data indicates that all 15 locations were company-owned, as the number of franchised outlets remained at 0 throughout the years 2021, 2022, and 2023. The number of company-owned outlets increased from 13 to 15 during 2023, resulting in a net change of +2.
This information is crucial for potential franchisees to understand the current scale and nature of Cilantro Taco Grill's operations. As of the end of 2023, the brand was exclusively operating through company-owned stores, which may reflect on their business strategy and the opportunities available for franchisees.